Sptiznagel: ‘Defense is more important than offense’ in managing money

Beyond some technical talk on how Spitznagel uses derrivatives in his particular risk management strategy, there are broad management insights of relevance in this clip.

Mark Spitznagel, Universa Investments LP founder, discusses the lessons learned from the 2008 financial crisis, why defense is more important than offense in building capital, and why Modern Portfolio Theory sold investors a bill of goods.  Here is a direct video link.

This entry was posted in Main Page. Bookmark the permalink.